Skip to content
Digital News Report Logo
Menu
  • News
  • Business
  • Science
  • Entertainment
  • Health
  • Sports
  • Audio Books
  • Quizzes
  • Videos
Menu

Home » Business » Dollar Exchange Rate

Dollar Exchange Rate

By Tina Brown on April 8, 2010
alt text

GDP Growth of Greece compared to the Eurozone
between 1996 and 2006.

Digital News Report – The Greek fiscal crisis continues to push up the dollar. Chinese policy makers have decided to allow the yuan to appreciate while the country may post its first trade deficit in six years. The country has seen a surge in imports making it tougher for the US to complain about their undervalued currency.

The dollar was up 0.3% compared to the euro reaching $1.3304. The dollar also rose .3 percent against the Yen to ¥93.08. It also gained against the U.K. pound to $1.5195.

The yen has fallen 5% against the Dollar over the last month. The currency hit a record high last November but has been declining since then. According to the Forex Blog this could be seasonal. Also the Japanese corporations stopped “their annual repatriation of foreign profits by converting them into yen” which usually kept the currency high.

The Euro is suffering because of higher Greek bond yields. Greece is in the midst of a huge debt crisis.

By: Tina Brown

  1. Forex – Currency Exchange Rates
  2. Dollar Exchange Rate
  3. Forex Currency Exchange Rates
  4. Stock Market Slips on Greek Debt Worries
  5. Stocks Tumble on Greek Worries

Live Results Search

Categories

Important Information

This site is for informational purposes only.  Always check with your doctor or  legal council before making any medical or legal decisions.

loader-image
San Francisco, US
12:38 am, July 1, 2025
temperature icon 55°F
few clouds
Humidity 89 %
Pressure 1011 mb
Wind 9 mph
Wind Gust: 0 mph
Visibility: 10 km
Sunrise: 5:51 am
Sunset: 8:35 pm
Weather from OpenWeatherMap

 

©2025 Digital News Report | Design: Newspaperly WordPress Theme